- VeChain price prediction showcases the token’s uptrend momentum due to the whale activity going on over VET token.
- VET crypto has recovered above 20, 50, 100 and 200-days Daily Moving Average.
- The pair of VET/BTC was at 0.000001169 BTC with an intraday gain of 5.73%.
VeChain price prediction suggests that VET crypto might rally towards $0.1 if this whale activity continues during 2023. VET crypto price has dropped a lot in the last year and cryptocurrency analysts speculate that VET crypto price might reach $0.1 if it follows its success path. Meanwhile, trading volume can be seen above average showcasing the accumulation rate of buyers during the day’s trading session. VeChain price might reach $0.1 if it continues to grow during 2023 and might rally maximum in mid 2023, according to the analysts.
VeChain price was at $0.02845 and has gained 4.79% of its market capitalization during the day’s trading session. Trading volume has increased by 46% during the intraday trading session. This demonstrates that buyers are trying to accumulate themselves to push the VET crypto towards its recovery phase. Volume to market cap ratio was at 0.0921.
VeChain price prediction suggests the token’s maximum recovery during 2023 as analysts believe in the VET cryptocurrency. Meanwhile, volume change can be observed above average showcasing the accumulation rate of buyers. VET crypto has recovered above 20, 50, 100 and 200-days Daily Moving Average.
VeChain Price Prediction: VET Crypto’s Gaining Stats in 2023!
VeChain price has gained around 20.48% in the last week and has astonishing growth of around 42.04% during January 2023. Moreover, VeChain price has grown more than 60% in the last quarter while VET crypto has recovered more than 80% year to date. This indicates the growth and potential of VEt cryptocurrency to rally during 2023.
Will VET Crypto Price Reach $0.1?
Technical indicators suggest the upward swing of VET crypto price over the daily time frame chart. Relative strength index showcases the upside trend of Vechain price. RSI was at 66 and is about to enter the overbought territory. MACD exhibits the upward momentum of VET crypto price. The MACD line is above the signal line after a positive crossover. Investors in VET crypto need to wait until the token starts its rally during 2023.
Summary
VeChain price prediction suggests that VET crypto might rally towards $0.1 if this whale activity continues during 2023. VET crypto price has dropped a lot in the last year and cryptocurrency analysts speculate that VET crypto price might reach $0.1 if it follows its success path. Meanwhile, volume change can be observed above average showcasing the accumulation rate of buyers. Moreover, VeChain price has grown more than 60% in the last quarter while VET crypto has recovered more than 80% year to date. Technical indicators suggest the upward swing of VET crypto price over the daily time frame chart. Investors in VET crypto need to wait until the token starts its rally during 2023.
Technical Levels
Support Levels: $0.02575 and $0.02287
Resistance Levels: $0.032 and $0.035
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational ideas only, and they do not establish financial, investment, or other advice. Investing in or trading stock and crypto assets comes with a risk of financial loss.
Source: https://www.thecoinrepublic.com/2023/02/19/vechain-price-prediction-whale-activity-may-help-vet-reach-0-1/